Qualcomm Q3 2024 Adj. EPS $2.33 Beats $2.25 Estimate, Sales $9.39B Beat $9.217B Estimate
Portfolio Pulse from Benzinga Newsdesk
Qualcomm's Q3 2024 adjusted EPS of $2.33 beat the estimate of $2.25, and sales of $9.39 billion surpassed the $9.217 billion estimate.
July 31, 2024 | 8:00 pm
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POSITIVE IMPACT
Qualcomm's Q3 2024 adjusted EPS of $2.33 beat the estimate of $2.25, and sales of $9.39 billion surpassed the $9.217 billion estimate. This positive earnings report is likely to boost investor confidence and drive the stock price up in the short term.
The better-than-expected EPS and sales figures indicate strong financial performance, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100